The Bank

Organization

BOARD OF DIRECTORS

At the head of the Central Bank is the Board of Directors which is appointed by the Minister of Finance. It is responsible for the policy and general administration of the Bank.

GOVERNOR

The Governor, who is appointed by the Minister of Finance, serves as Chief Executive Officer of the Bank and Chairman of the Board. This person is responsible to the Board of Directors for the execution of its policy and the management of the Bank.

DEPUTY GOVERNORS

There are two Deputy Governors who maintain administrative oversight of the Operations and Research & Supervision Divisions. Under the supervision of the Governor, they also carry out other management functions as may be conferred on them by the Board.

SENIOR MANAGEMENT COMMITTEE

A senior Management Committee comprising the Governor, Deputy Governors, Advisers, Director - Research, Director - Bank Supervision and the Financial Controller, meets weekly to review and give direction regarding the Bank’s operations and policies.

FULL MANAGEMENT

A management meeting comprising the Governor, Deputy Governors, the Secretary, Advisers to the Governor and Directors, Deputy Directors and Assistant Directors of Departments is convened fortnightly to share information and receive direction to guide operational portfolios.

OPERATIONS DIVISION

Within the Operations Division are four departments:

• Accounts
• Banking, Currency and Investments
• Foreign Exchange and Export Credits
• Facilities Management

RESEARCH AND SUPERVISION DIVISION

Within the Research and Information Division are three departments:

• Bank Supervision
• Management Information Systems
• Research

GOVERNOR’S OFFICE

The office of the Governor includes sections consisting of the Advisers to the Governor, the Legal Counsel/Bank Secretary and the Public Affairs Officer.  The Governor also has supervisory responsibility for the Human Resources and Internal Audit Departments